When a major player in a given industry performs really well, it can often set the stage for the shares of others in the same industry to rise also. This is called a sympathy play. And it just happened in…
4 Reasons Why We Could See a Turnaround in Aurora Cannabis (ACB)
It’s been a tough couple of years for Aurora Cannabis (ACB) investors. The stock has fallen over 85%, from all-time highs hit in 2018, to trade just at about $1.65 on the NYSE. In addition to industry wide challenges, such…
Which 4 Marijuana Stocks Could Soon Face Delisting
Last year was expected to be when marijuana stocks proved their worth to Wall Street. Unfortunately, that’s not what happened, and investors suffered through the worst year on record for cannabis stocks. To our north, regulatory-based supply problems have wreaked havoc…
Donald Trump and Marijuana: Everything You Need to Know
Whether you’re ready for it or not, election season is now in full swing. Roughly a dozen candidates still remain in the field to become president, including incumbent Republican Donald Trump, and quite a few Democratic contenders. While there are…
Why Canopy Growth Stock Is Skyrocketing Today
Shares of Canopy Growth (NYSE:CGC) rose sharply on Friday morning after the company announced its fiscal 2020 third-quarter results. The Canadian cannabis producer reported net revenue of 123.8 million Canadian dollars, up 49% year over year and 62% quarter over quarter. That…
4 Pot Stocks Capable of $1 Billion in Annual Sales by 2022
Last year was supposed to be when marijuana stocks proved their worth to Wall Street. Following years of promises, and plenty of acquisition activity, it was widely believed that sales would soar and pot stocks would push into the profit…